Markets were once again marginally down today on light trading levels. Cooler weather prevails for parts of North America over the next few days. An interesting note, the Polish goverment authorized the use of wood burning in order to heat residential homes this winter. Europe remains the wild card for the upcoming winter. If they …
Markets were once again marginally up with the higher than estimated storage injection. Cooler weather prevails for parts of North America over the next few days. Hurricane Ian curtailed gas fired power demand last week forcing more gas in storage. Production remains strong at 101 BCF/D with demand in the range of 94BCF/D. Enjoy the …
Markets were up marginaly all day with a $0.08 move on the Opec announcement. Goldman Sachs are expecting crude oil to trade in the $100 to $107 range this winter; a $25 increase to todays prices. This will affect the petroleum reserve aimed to keep infation in line and some relief at the gasoline pumps. …
Markets retraced back to price at the end of September. Interesting to note the market did test the low and is will more and likely attemtp to test the high as we move into the balance of the month. We have eighteen trading days remaining which will offer some insight as the market activity moving …
Markets were up off once again as the warm weather remains in the forecast. The acitivity is mostly within the first three trading months with less in 2023 and beyond. Enjoy the sun and warmth. Winter will be upon us shortly.(RS)
Markets were up off by $0.06 on the day after the EIA noted an storage injection of 103 BCF; well within estimates at this point. The market continues to remain on the lower end as the US/Canadian markets are better positioned to sustain the winter weather. The office will be closed Friday in respect the …
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